Popular quotes about Management! Wisdom and inspiration are here! | page 41
It's natural that you'd have more brains going into money management. There are so many huge incomes in money management and investment banking - it's like ants to sugar. There are huge incentives for a man to take up money management as opposed to, say, physics, and it's a lot easier.
Charlie MungerI think there are probably too many asset management companies in the world, and I think the place to be is either big or small. The area where it is probably more difficult to be is in the middle ground, where you've got that cost of regulation, you've got the cost of buying your own research, you've got all the costs of running an asset management company without the benefits of a big income producing asset.
Martin GilbertWhen things go wrong, the standard management strategy is to decide who takes the blame. This should be an underling, as far down the chain as possible, but preferably with some visibility so people know management means business.
Jack McDevittAll of the sports have a safety net, but boxing is the only sport that has none. So when the fighter is through, he is through. While he was fighting his management was very excited for him, but now that he is done, that management team is moving on.
Gerry CooneyYou can teach all sorts of things that improve the practice of management with people who are managers. What you cannot do is teach management to somebody who is not a manager, the way you cannot teach surgery to somebody whose not a surgeon.
Henry MintzbergOur prevailing system of management has destroyed our people. People are born with intrinsic motivation, self-respect, dignity, curiosity to learn, joy in learning. The forces of destruction begin with toddlers - a prize for the best Halloween costume, grades in school, gold stars - and on up through the university. On the job people, teams, and divisions are ranked, reward for the top, punishment for the bottom. Management by Objectives, quotas, incentive pay, business plans, put together separately, division by division, cause further loss, unknown and unknowable.
W. Edwards DemingGenerally, management of many is the same as management of few. It is a matter of organization. And to control many is the same as to control few. This is a matter of formations and signals.
Sun TzuGoldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current management, Jack Welch before Jeff Immelt. I've known him for decades.
Warren BuffettNo one has more time than you have. It is the discipline and stewardship of your time that is important. The management of time is the management of self; therefore if you manage time with God, he will begin to manage you.
Jill BriscoeIn almost any change there is 20 - 60 - 20. 20% are doing the change and we need to stay out of their way. 20% will never get there (a large percent still go into banks to see tellers vs. ATMs). 60% are in the middle. I think you will always find some companies where the head of HR is not a member of senior management team (bottom 20% and some companies where she or he has always been (top 20%).
Dave UlrichGovernment ought to be as much open to improvement as anything which appertains to man, instead of which it has been monopolized from age to age, by the most ignorant and vicious of the human race. Need we any other proof of their wretched management, than the excess of debts and taxes with which every nation groans, and the quarrels into which they have precipitated the world?"
Thomas PaineThe biggest deal for me was that all 24 winners are placed on the Billboard CD of the Year, which went out to 500 of the biggest Music Reps in the business, from radio and press to management and booking.
Arthur GodfreyIt is the responsibility of leadership and management to give opportunities and put demands on people which enable them to grow as human beings in their work environment.
John Harvey-Jones'What about stress? Are you using your stress-management techniques when things seem to be getting on top of you?' 'Nothing is getting on top of me.' As I said it, a totally inappropriate picture popped into my mind. 'What are you feeling?' Jake's breath warm against my face, my bruised lips tingling from his kisses. 'Tell me what it feels like with me inside you.'
Josh LanyonWhen I first started out in my career, I'd been a lit major in college so I didn't have a lot of choices. The traditional options were management consultant or investment banking, and I hadn't even taken an economics class so those were pretty much out. I didn't want to go into academia. For me, research and instinct were my unique tools that seemed to work best on a marketing and merchandizing path. It's kind of right-brain and left-brain.
Maureen ChiquetTo successfully respond to the myriad of changes that shake the world, transformation into a new style of management is required. The route to take is what I call profound knowledge, knowledge for leadership of transformation.
W. Edwards DemingAs an engineer, I understood that the natural world operated according to fixed laws. Through my studies, I came to realize that there were, likewise, laws that govern human wellbeing. It seemed to me that these laws are fundamental not only to the wellbeing of societies, but also to the miniature societies of organizations. Indeed, that is what we found when we began to apply these principles systematically at Koch Industries. Through our observation of how they could create prosperity in an organization, I began to systematize my beliefs into Market-Based Management.
Charles KochAn organization's success has more to do with clarity of shared purpose, common principles and strength of belief in them than to assets, expertise, operating ability or management competence, important as they may be.
Dee HockSince 1946, the Cubs have had two problems: They put too few runs on the scoreboard and the other guys put too many. So what is the new management improving? The scoreboard.
George WillThe more you hardwire a company on total quality management, the more it is going to hurt breakthrough innovation.
Vijay GovindarajanThe genuflection toward 'fairness' is a familiar newsroom piety, in practice the excuse for a good deal of autopilot reporting and lazy thinking but in theory a benign ideal. In Washington, however, a community in which the management of news has become the single overriding preoccupation of the core industry, what 'fairness' has often come to mean is a scrupulous passivity, an agreement to cover the story not as it is occurring but as it is presented, which is to say as it is manufactured.
Joan DidionWhen you think of all the conflicts we have - whether those conflicts are local, whether they are regional or global - these conflicts are often over the management, the distribution of resources. If these resources are very valuable, if these resources are scarce, if these resources are degraded, there is going to be competition.
Wangari MaathaiVirtually every company will be going out and empowering their workers with a certain set of tools, and the big difference in how much value is received from that will be how much the company steps back and really thinks through their business processes, thinking through how their business can change, how their project management, their customer feedback, their planning cycles can be quite different than they ever were before.
Bill GatesWere not cutting the budget simply for the sake of sounder financial management. This is only a first step toward returning power to the states and communities, only a first step toward reordering the relationship between citizen and government.
Ronald ReaganA simple rule applies: if you don't quickly comprehend what a company is doing, then management probably doesn't either.
Seth KlarmanDon't say yes until I've finished talking. - Attributed to many Hollywood executives Lots of folks confuse bad management with destiny.
Kin HubbardThe one thing I seek above all else is understanding. Sometimes I'm so frustrated and I don't get it. But I'm lucky to have a good management team and people around me who explain things and answer my questions.
Justin GuariniWorkers should have a right to sit across from management to collectively bargain about their work conditions, their wages, and the future direction of the company. To me, that's just a humane thing to do. It is unacceptable in the 21st century to have companies not want to do that with their employees and create a great work environment.
Nina TurnerYou can't manage time, you actually only manage what you do during time. So the management issue is not so much about time, it's more about how do you manage your focus, how do you manage your actions and your activities in terms of what you do.
David AllenI learned about stress management from my kids. Every night after work, I drink some chocolate milk, eat sugary cereal straight from the box, then run around the house in my underwear screaming like a monkey.
Randy GlasbergenThe hedge fund known as "Long Term Capital Management" collapsed last fall through overconfidence in its highly leveraged methods, despite I.Q.'s of its principals that must have averaged 160. Smart people aren't exempt from professional disasters from overconfidence. Often, they just run aground in the more difficult voyages they choose, relying on their self-appraisals that they have superior talents and methods.
Charlie MungerIn reality, that was going to be very messy from an antitrust standpoint and meet a lot of resistance from the top management at Hasbro. That was a whole different story.
Harold L. VogelI think the reason why we got into such idiocy in investment management is best illustrated by a story that I tell about the guy who sold fishing tackle. I asked him, "My God, they're purple and green. Do fish really take these lures?" And he said, "Mister, I don't sell to fish." Investment managers are in the position of that fishing tackle salesman.
Charlie MungerWith more than half the population now checking their account balances more often as a direct result of the downturn, and with more of us comparing prices in virtually every market, it is natural to turn budget management into a skill, an accomplishment, a badge of lifestyle success.
Joe StatonBeing a publicist is like management in a lot of ways - you're their friend, you're their mother, you're their confidante.
Debi MazarI think the asset management industry, especially in the US, is going through a pretty tough time. If you talk to the CEO of a US asset manager, morale would be at a low, even though stock markets are at almost record levels.
Martin GilbertHigher education is the place where people who had big plans in high school get stuck in fierce rivalries with equally smart peers over conventional careers like management consulting and investment banking. For the privilege of being turned into conformists, students (or their families) pay hundreds of thousands of dollars in skyrocketing tuition that continues to outpace inflation. Why are we doing this to ourselves?
Peter ThielThe business aspect is one of the most important things about having a music career, because every choice you make in a management meeting affects your life a year-and-a-half from now.
Taylor SwiftAnd they stuck to their guns and fought for Sean Connery, and they were right to fight for Sean Connery. If it wasn't for Sean Connery, we wouldn't all be here. I was raised to fight for what I believed in, so I wasn't going to give up. I wanted Daniel Craig, and Michael wanted Daniel Craig, so we just stuck to our guns. Fortunately, we had the right management who really stuck with us. Thanks to that, we got our choice. He's been an extraordinary Bond, and he is very much the right Bond for the 21st century.
Barbara BroccoliWe [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we try to catch trend reversals. Therefore, we tend to stabilize rather than destabilize the market. We are not doing this as a public service. It is our style of making money.
George SorosWhether it's watching a $4,000 laptop fall off the conveyor belt at airport security, contending with a software conflict that corrupted your file management system, or begging your family to stop opening those virus-carrying 'greeting cards' attached to emails, all computer owners are highly leveraged and highly vulnerable technology investors.
Douglas Rushkoff